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Disclosure of shareholdings
10/15/2007

In compliance with the Federal Act on Stock Exchanges and Securities Trading (Bundesgesetz über die Börsen und den Effektenhandel) Viking Global Investors LP and Viking Global Performance LLC as managers to the funds have notified Panalpina on 15 October 2007 that the funds Viking Global Equities LP, Viking Global Equities II LP and VGE III Portfolio Ltd. (55 Railroad Avenue, Greenwich, CT 06830, USA) jointly hold 1 302 000 shares, equivalent to 5.2% of the share capital, of Panalpina World Transport (Holding) Ltd.

The Panalpina Group
The Panalpina Group is one of the world’s leading suppliers of forwarding and logistics services, specializing in intercontinental air freight and ocean freight shipments and associated supply chain management solutions. Thanks to its in-depth industry know-how and state-of-the-art IT systems, Panalpina provides globally integrated door-to-door forwarding solutions tailored to its customers’ individual needs. The Panalpina Group operates a close-knit network with some 500 branches in 90 countries. In a further 60 countries, it cooperates closely with selected partner companies. Panalpina employs more than 14,000 people worldwide.